economic crisis - Hutchinson encyclopedia article about economic crisis Printer Friendly
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slump
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slump

In the business or trade cycle, the period of time when the economy is in depression, unemployment is very high, and national income is well below its full employment level. In the UK, the economy experienced a slump in the 1930s (the Great Depression), in 1980-81, and 1990-92.



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But since Ecuador abandoned its sucre currency for the dollar last year to halt an economic crisis, the price of cuy has increased threefold.
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As an invaluable commentary on the recent Argentinian economic crisis, And The Money Kept Rolling In (And Out) is very strongly recommended reading for students of corporate business, politics, economics, and Argentina history.
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I would also like to think that most businesses in the rubber industry have some sort of crisis management in place, whether it be for natural disasters, a factory accident or even an economic crisis.
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